Collectors CornerSM: The Collectibles Marketplace

A Service of Certified Asset Exchange

Shopping Cart 0 item ($0.00)

1794 50C Overton 105 AU58+ PCGS

(click for full-size image)
Price:   
Grade: AU58+
Quantity: 1
PCGS Coin #: 39206
Last Update: 4/2/2021
Dealer:  (Terms) Heritage Auctions (HA.com)

Auction: 2021 April 22-25 - Central States U.S. Coins Signature Auction #1329 - Session 6 View this auction on the auction site
Auction Date: 4/24/2021 - 4/24/2021
Lot Number: 5032 View this lot on the auction site
1794 50C O-105, T-3, R.5, AU58+ PCGS. Tompkins Die State 1/2. The Mint Act of April 2, 1792 provided for gold, silver, and copper denominations to serve as the foundation of U.S. coinage. Gold denominations were the eagle, half eagle, and quarter eagle, while designated silver denominations included the dollar, half dollar, quarter, dismes, and half dismes. Cents and half cents were the approved copper coins. A trial mintage of 1792 half dismes in 1792 paved the way for more federal coinage. Among the silver denominations, 1794 dollars were clearly intended to be showpieces of the new nation. In comparison, all other silver denominations were of secondary importance -- a situation that quickly changed when the Mint's coining press proved insufficient to strike the silver dollar format. Late in 1794, the need to coin silver deposits could not wait six months while a new press was installed, clearing the way for a small mintage of 1794 half dollars in December of that year. Likewise, half dimes dated 1794 were struck, but they were not minted until February 1795. No quarters or dimes were struck in either 1794 or 1795. The half dollar proved to be an acceptable alternative to silver dollars. Researchers have differing opinions about exactly how many 1794 half dollars were struck, but the prevailing consensus (based on Mint delivery warrants) suggests 5,300 1794 half dollars were delivered in December 1794 and 18,464 half dollars dated 1794 were delivered on February 4, 1795 for a total of 23,464 pieces struck. A survival rate between 3% and 4% -- typical for early Mint issues -- further supports the estimated mintage. Approximately 800 1794 half dollars are thought to survive, including all grades and varieties. Flowing Hair half dollars circulated extensively. They were a "blue collar" coin -- less spectacular than the silver dollars, but often the preferred denomination in commerce. For today's collectors, 1794 half dollars offer a ...
Collectors CornerSM coin information:  (data courtesy of PCGS.com *)
PCGS Coin #: 39206
PCGS Coin Description: 1794 50C Overton 105
Mintage: 23,464
Grade: AU58+
Auction Prices Realized: * Auction Prices Realized
Additional resources: PCGS CoinFacts
PCGS Set Registry:
(Top 3 of 45 composite sets for this coin)
 
  Learn more about Set Registry
Basic U.S. Coin Design Set No Gold (1792-present)
Basic U.S. Coin Design Set (1792-present)
Complete U.S. Coin Design Set No Gold (1792-present)
* This information is being provided by PCGS and you are encouraged to review the Important Information for each of these items: PCGS Population [View]; PCGS Price Guide [View]; Auction Prices Realized [View].  The PCGS population report, historic compilation of coin prices and auction prices are proprietary to Collectors Universe and remains the property of Collectors Universe.  It is available for personal use to Collectors Corner subscribers only.  Reproduction in any format is strictly prohibited, as is sharing of this import (or any data contained herein).  Also, errors and omissions can occur and accordingly, viewer should recognize these facts and that this information should not be the only source consulted when making a decision about buying or selling coins.

(click for full-size image)

(click for full-size image)

(click for full-size image)

(click for full-size image)